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TraderDaddyOG
Mar 7, 2024 1:28 PM

META - Understanding recent PA! Special edition for the haters.. Long

Meta Platforms, Inc.NASDAQ

Description

Hope this was helpful for those who are interested in learning!

Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real continuation. If you understand, you understand. If you don't, keep coming back and you will!

And as always I'm always here to answer questions and give further explanation for those who want it. It took me years of practice and studying to learn this and get to the point of consistency and success.

See you all in the market and

Happy Trading :)
Comments
bossmanboating
You put out great videos, please continue! I'm a big fan. What time frame do you use for your analysis? Can you use this method with any time frame? Thanks again for the time you put into these videos!
TraderDaddyOG
@bossmanboating, Thank you sir! I appreciate your support and I'm glad you find value in my analysis.
I typically do a top-down analysis starting from the daily (although I should incorporate the weekly because it says a lot). This type of analysis works on any time frame and the algorithms you'll find on the higher time frames do work on the lower time frames as obviously they hold more wait. On some of my charts you'll notice algorithms that don't fit on the daily and that's because they are created on lower time frames which I use for more scalping and intra-day trades. So a general answer to this question is yes they work on all time frames but put much more wait on higher time frames.

I will create a video for you ASAP that explains this further and shows some examples and will make more sense.

Thanks again!
bossmanboating
Awesome! I appreciate all you do. Thank you very much!
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